Thursday, August 25, 2011

Bulletin's Bankruptcy Becomes National News

The Wall Street Journal picks up on the Bulletin's bankruptcy.

Yesterday, as we wrote on this blog, The Bulletin filed for chapter 11 bankruptcy.

That news did not go unnoticed by the national media, including TheWall Street Journal, which published this piece online today, not just about the bankruptcy filing, but the public response on behalf of The Bulletin's publisher and editor.

Other news outlets (another one here) have also picked up Gordon Black and John Costa's tough words for Bank of America, which loaned the paper's parent company, Western Communications, $18 million in loans. Both said that the bank was at fault for not working with Western Communications on the terms of the loan.

"They tried to work with us all right - by doubling our interest rate," Black was quoted as saying in yesterday's front-page story in The Bulletin.